$1,590,400
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205 Acres Lot
SOLD DATE : 12/20/2022
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2395477
Sold Date 12/20/22
Annual Tax Amount $1,025
Lot Size 205.000 Acres
Acres 205.0
Property Sub-Type Land
Source hmls
Property Description
Solid 3.5% return on investment, with the hunting lease, at the asking price. Tract 1 of 2 is great opportunity for investors, or anyone seeking to add quality row crop acres to their portfolio. This large bottom farm, located just 6-miles south of Trenton, MO offers 205+/- total acres, of which 173.5+/- are FSA tillable acres. The farm is currently farmed by the owner who would like to lease-back the tillable acres at a rate of $275 per acre ($47,713 annually for three years). The farm is conveniently located just south of Trenton, MO, 1-mile west of HWY 65. Seller to provide an updated legal survey prior to closing.
Hunting Rights:
The farm is leased for hunting at a rate of $40 per acre ($8,200) annually thru 2024. Purchaser to honor existing hunting lease.
See MLS # 2395486 for Tract 2 listing.
Location
State MO
County Grundy
Zoning AG
Interior
Fireplace N
Building
Lot Description Acreage
Sewer Unknown
Water Unknown - Verify
Schools
School District Pleasant View R-Vi
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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